As has been expected for some time, BMW is indeed working on a new 8-Series to sit atop the BMW range. Expected to look much like the CS Concept, the coupe-shaped sedan is now reportedly being developed by BMW's special M-division. After all, the 8-Series will be going up against the likes of the Porsche Panamera and Aston Martin Rapide. But don't expect to see it wearing the tri-color 'M' badge. In an interview with Drive.com.au, BMW M president Ludwig Willisch explained: "It's a car that doesn't have any resemblance to the other cars built by BMW AG, so it was decided to give the project to us." Interesting he should claim it "doesn't have any resemblance to the other cars," because most are suggesting the car will be at least somewhat based on the chassis of the new 2009 BMW 7-Series. Though the powerplant is still a mystery, everything from a 550 HP 6.0-liter V12 based on the M5's V10, to the next generation M5's alleged twin-turbo V8 has been suspected. Either way, we won't be seeing the 8-Series on the road for at least a couple years still. Jalopnik Snap Judgment: It's good to see BMW's M-division developing an actual car in addition to the rumored X5 and X6 M-models. However, this new 8-Series is nothing like the original coupe from the '90s. That first car was a spiritual successor to the E24 6-Series, but this new car doesn't hearken back to anything. [Drive via MotorAuthority]